15,000 in some online forums. Your BankAmericard credit card credit limit will depend on a number of factors, such as your credit history, income, and debt. Just note that the issuer doesn’t disclose a minimum or maximum credit limit for this card.
Keep in mind that your credit score is an important factor. Applicants with credit scores in the “excellent” range reportedly get an initial credit limit of $10,000 or more.
How to get a high BankAmericard credit card credit limit:
To receive a high credit limit, you will need a stellar credit score, enough income to make at least the minimum payment each month, and very little existing debt. The stronger your credit profile is, the higher you can expect your starting credit limit to be. However, you won’t know your exact credit limit until you’re approved.
But whatever your starting BankAmericard credit card credit limit happens to be, you can request an increase either through your online account or by calling the number you see on the back of your card.
BankAmericard credit card credit limit increase details:
Your chances of getting a credit limit increase are best if you’ve had the card for at least six months with no late payments during that time. If your income has gone up or if your debt was reduced from when you first received the card, that will also help your chances.
If you request a credit limit increase, Bank of America will pull a copy of your credit report. This may result in a hard inquiry, which might temporarily drop your credit score by a few points.
Bank of America may occasionally review your account to see if you’re eligible for an automatic credit limit increase. However, there’s no guarantee when or if you’ll get one. BankAmericard credit card automatic credit limit increases will trigger a soft inquiry and will not affect your credit score. Answer from WalletHub on wallethub.com15,000 in some online forums. Your BankAmericard credit card credit limit will depend on a number of factors, such as your credit history, income, and debt. Just note that the issuer doesn’t disclose a minimum or maximum credit limit for this card.
Keep in mind that your credit score is an important factor. Applicants with credit scores in the “excellent” range reportedly get an initial credit limit of $10,000 or more.
How to get a high BankAmericard credit card credit limit:
To receive a high credit limit, you will need a stellar credit score, enough income to make at least the minimum payment each month, and very little existing debt. The stronger your credit profile is, the higher you can expect your starting credit limit to be. However, you won’t know your exact credit limit until you’re approved.
But whatever your starting BankAmericard credit card credit limit happens to be, you can request an increase either through your online account or by calling the number you see on the back of your card.
BankAmericard credit card credit limit increase details:
Your chances of getting a credit limit increase are best if you’ve had the card for at least six months with no late payments during that time. If your income has gone up or if your debt was reduced from when you first received the card, that will also help your chances.
If you request a credit limit increase, Bank of America will pull a copy of your credit report. This may result in a hard inquiry, which might temporarily drop your credit score by a few points.
Bank of America may occasionally review your account to see if you’re eligible for an automatic credit limit increase. However, there’s no guarantee when or if you’ll get one. BankAmericard credit card automatic credit limit increases will trigger a soft inquiry and will not affect your credit score. Can I manage my Bank of America credit card account from almost anywhere?
Yes, whether you use our Mobile Banking app or Online Banking, you have access to world class digital banking at your fingertips. For example, you can:
- Stay on top of your credit card account balances with spending & budgeting tools
- Choose cash back deals with BankAmeriDeals
- Pay your credit card bill with your Bank of America checking or savings accounts
- Pay your credit card bill from a non-Bank of America account via Bill Pay
- Report your credit card lost or stolen, and request a replacement card
Request a Balance Transfer or Direct Deposit Cash Advance
- Manage your credit card PIN
- Get your FICO Score
- Redeem credit card rewards
When you log in to Online Banking, you can also:
- Get a summary of your current account status, including balance, available credit and payment information
- Request up to 12 months of detailed transaction information
- View and print up to 3 years of credit card statements
- Download transactions for use with financial management software
Not an Online Banking customer? Enroll in Online Banking today
Get the app
What should I know about direct deposit cash advances from my credit card?
A direct deposit cash advance from your credit card allows you to deposit cash from your personal credit card in to your personal checking account with Bank of America or another bank. You can use the cash to pay for any kind of planned or unplanned expense. You can draw up to your total credit available, less any transaction fees and the funds are often available the next business day. In some instances, it may take up to 3 business days (14 business days for new accounts). Your account may also be eligible for promotional rates on direct deposit cash advances. You can check your offers anytime by signing in to Online Banking. NOTE: If you plan to use the funds to consolidate debt, you may want to consider a balance transfer instead of a direct deposit cash advance because the standard rate applicable after a promotional period ends is typically lower for balance transfers.
Your direct deposit cash advance amount cannot exceed your total credit available, so be sure to plan for applicable fees and interest charges, as well as any pending purchases, advances or transfers when determining your transfer amount.
For your security, all online direct deposit cash advances from your credit card require you to provide two pieces of information that you can find on your card. So you'll need the card plastic to complete your request.
Is it possible to increase my credit limit on my credit card prior to going on my trip?
Yes, you can request an increase in your credit limit on our website or by phone.
On our website
Log in to Online Banking and select your credit card account, then select the Information & Services tab. If your account is eligible, you will be able to request a credit line increase.
Not an Online Banking customer? Enroll in Online Banking today
By phone
You may request an increase in your credit limit by calling the toll-free number on the back of your card.
Videos
Does Bank of America have a maximum credit limit?
Is there a Bank of America credit limit?
Is the Bank of America Travel Credit Card worth it?
Another warning about Bank of America credit card auto pay
I think you're misinterpreting what's happening. CreditKarma/etc will look at the balance of your credit cards regardless of whether you pay it in full or not, and in any given month where you've charged say $5000, that will show up eventually on CK and influence the "score" that they simulate. The next month, as long as you've paid it off, it will be gone and your score will bounce right back up.
No need to worry, or make big payment behavior changes based on this. It's a very temporary decrease, and just on CK. Unless you're applying for a loan this month, it won't even matter. Just keep on paying your statement balances in full by the due dates and you'll be fine.
For example look at this: https://imgur.com/a/G1jtpPV
Charged a bunch of things due to a vacation. One month later, pretty much gone.
More on reddit.comI use the Bank of America Premium Rewards Elite to pay my federal taxes. If used to book flights through the portal, it yields about a 1% spread.
When I opened the card about 2 years ago I was able to negotiate a $99,900 credit limit since then, I have charged and paid about $3m on the card
However, I have been unable to increase my credit since. Unfortunately, I am required to cycle through my limit several times a month. Not a big deal, but probably increases my risk of closure and is a bit of a hassle.
Does anyone know if BoA had a maximum credit limit. Any way around it? Happy to provide tax returns, etc.
I currently have a Customized Cash Rewards MC with BOA. I have had it for 7 years, the initial credit limit was 15k, I normally ask an increase every 3 months, and as of now my credit limit is 90k. Is there a limit to this? This is the only BOA credit card I have.